Page 15 - Tiktok

TikTok-Oracle deal: No, majority ownership doesn't give 'total control'

The first details that surfaced from TikTok's planned deal with Oracle Corp. and Walmart Inc. would put most of the company in American hands

ByteDance applies for tech export licence in China amid TikTok deal talks

The Beijing-based firm submitted the application to Beijing's municipal commerce bureau and is awaiting a decision

TikTok asks judge to block Donald Trump's ban as deadline looms

Chinese-owned TikTok asked a judge to block the Trump administration's attempt to ban its app, suggesting the video-sharing app's forced deal with Oracle and Walmart remains unsettled

TikTok asks judge to block US order from barring new app downloads

A federal judge in San Francisco on Saturday issued a preliminary injunction blocking a similar Commerce Department order from taking effect on Sunday on Tencent Holdings' WeChat app

TikTok purges 37.6 mn videos from India for community guidelines violation

Chinese short video-making app TikTok purged more than 104.5 mn videos from its platform in the first half of this year for violating its community guidelines and majority were from India at 37.68 mn

Math doesn't add up: Differing views create confusion in TikTok-Oracle deal

A key reason for the discrepancy lies in differing views over the eventual distribution of TikTok's shares

Donald Trump threatens to cut off TikTok if deal doesn't go through

US President Donald Trump has threatened to cut off TikTok if the popular Chinese video sharing app's tentative deal with two American companies Walmart and Oracle does not go through

ByteDance asserts control of TikTok and contests $5 billion fee

ByteDance and Oracle issued conflicting statements on Monday over the terms of an agreement they reached with the White House over the weekend to allow TikTok to continue

TikTok ban effect: Made-in-India app Chingari crosses 30 mn downloads

The social app said in a statement it achieved the feat in a matter of three months, with content creators making a beeline to join it.

Trump, China remarks cast a shadow on Oracle's deal for US TikTok

Treasury Secretary Steven Mnuchin remains confident that Trump will sign off on the transaction, but US national security officials continue to raise concerns

Trump clears TikTok deal 'in concept', ByteDance seeks $60 bn in valuation

TikTok to give $5 billion to fund the education of American youths; ban delayed till September 27

China's ByteDance gets Trump's in-principle nod to avoid TikTok shutdown

ByteDance was racing to avoid a crackdown on TikTok after the US Commerce Department said on Friday it would block new downloads and updates to the app come Sunday

TikTok owner ByteDance seeks $60 bn valuation in Oracle, Walmart deal

Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that won the approval of President Donald Trump

ByteDance says not aware of $5 billion education fund in TikTok deal

US President Donald Trump said he had approved a deal, which included a $5 billion education fund, to allow TikTok to continue to operate in the United States

Oracle, Walmart target greater reach, social media toehold with Tiktok deal

Oracle and Walmart together could end up with as much as 20% of the entity, purchased in a round of financing that would precede an initial public offering

US will delay the TikTok app store ban by a week over Oracle, Walmart deal

US Commerce Department announced a one-week delay until Sept. 27 in an order issued Friday that was set to require Apple Inc and Alphabet Inc's Google to remove the TikTok app for download

Have given my blessing, says Trump on TikTok deal involving Oracle, Walmart

The deal mandates the creation of a new American company -- incorporated in Texas -- and the prospect of 25,000 new jobs

China vows countermeasures over Trump govt's move to ban TikTok, WeChat

Amid worsening relations between two countries, China on Saturday said it resolutely opposed the move by the US to ban TikTok and WeChat and vowed to take countermeasures

TikTok files complaint against Trump administration to try to block US ban

Popular video-sharing app TikTok has asked a U.S. judge to block the Trump administration from enforcing a ban on the Chinese social media network, according to court documents filed late on Friday

TikTok drags US govt to court over President Trump's threat of ban

Trump exceeded his authority when he moved to ban the app, and did so for political reasons rather than to stop an "unusual and extraordinary threat", said the complaint